
Excise tax pause: Consumers unburdened, but gov’t disadvantaged — economists
Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
· 2 min read
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Economists are weighing in on the possible suspension of fuel excise taxes, saying it could provide relief to consumers but disadvantage the government…
· 2 min read


The prices of basic goods in supermarkets will remain unchanged until the end of the month, the Department of Trade and Industry (DTI) has announced.
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Prices of petroleum products in the Philippines are unlikely to drop immediately despite a conditional two-week ceasefire among the United States, Israel and…
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The Energy Regulatory Commission (ERC) has pegged coal-fired power at P6,000 per megawatt-hour (MWh) under a new pricing scheme to stabilize electricity rates…
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Global oil prices eased after Iran confirmed a ceasefire following President Donald Trump’s announcement, giving temporary relief to markets that had recently…
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The Philippines must strengthen its preparedness measures as tensions involving the United States, Iran, and Israel escalate, raising concerns over economic…
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The Quezon City Police District reported on Wednesday that it is set to pursue theft charges against two suspects involved in a gas siphoning incident along…
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Filipinos may face prolonged high fuel prices as global disruptions in the Middle East continue to affect the oil supply, making a quick rollback unlikely.…
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Rising oil prices pushed inflation above the government’s target in March, as fuel and transport expenses climbed following global supply disruptions due to…
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Electricity, food, postharvest, transport, and logistics costs for rice all grew due to higher fuel charges. Inflation rose 4.1 percent in march from 2.4…
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So far, all we have heard from the DoE are excuses for why it cannot do anything to stop prices from surging.
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President Ferdinand Marcos Jr. on Tuesday convened a meeting with members of the UPLIFT committee to discuss recommendations on fuel excise taxes as the…
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ILOILO CITY — The continued spike in diesel prices has forced several modernized jeepneys to stop operating, significantly reducing public transport units…
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Despite growing calls to cut taxes to ease soaring fuel costs, the Department of Energy (DOE) said suspending excise taxes would not bring immediate relief…
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A Senate bill has been filed mandating that petroleum companies disclose the breakdown of their expenses, from costs of crude oil, freight, taxes, and profits,…
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Filipinos may face prolonged high fuel prices as global disruptions in the Middle East continue to affect oil supply, making a quick rollback unlikely.…
· 2 min read

Amid the persistent surge of fuel prices in the market, fisherfolk in Batangas claimed that the crisis has drowned their livelihoods to a breaking point.
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